Nvidia CEO Jensen Huang praised China’s AI models a day after the U.S. chipmaker said it expected to resume sales of a key product to China.

BEIJING] Nvidia CEO Jensen Huang called China’s open-source artificial intelligence a “catalyst for global progress” and hailed the country’s innovation in the sector as he addressed an expo in Beijing on Wednesday.

The approvals mark a major reversal after April’s sweeping restrictions, imposed by the Trump administration, barred companies from selling certain advanced semiconductors to China. Those rules left Nvidia facing a $4.5 billion inventory write-down, as it had no alternative buyers for its H20 chips.

It’s been a very busy week for Nvidia CEO Jensen Huang. After meeting with President Donald Trump and senior officials in Beijing in recent days, Huang has secured a major victory for his AI-chip empire.

Nvidia co-founder Jensen Huang should be praised for traveling to China this week in pursuit of expansion in what is a crucial market for all manner of blue-chip U.S. companies. A world that is economically interconnected is a much more peaceful one.

Nvidia CEO Jensen Huang praised Chinese AI models from Deepseek, Alibaba, and Tencent as "world class" at a Beijing expo. Amid renewed H20 chip sales to China, Huang emphasised the market’s importance.

Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.

Huang, attending the opening ceremony of a supply chain expo, is on his third visit to China in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Nvidia CEO Jensen Huang moved ahead of LVMH’s Bernard Arnault to become the world’s sixth-richest person as shares of the chipmaker rallied to an all-time high Tuesday, after the company said sales of its H20 AI chips would resume “soon” in China,